This is possibility of ETH short term target. TAYOR DYOR
The Adam and Eve patterns are multi candle formations during the price movement of any financial instrument signaling an upcoming reversal. Thomas Bulkowski’s Encyclopedia Of Chart Patterns contains brief descriptions of these chart patterns, usually two types: Adam and Eve top and Adam and Eve bottom.
NASDAQ now showing same pattern movement in Monthly chart year 2000.
ETH seems have almost identical pattern with pattern in July 2021.
This is what happen in September 2020. Almost similiar right????
This chart show the bitcoin price in september 2010 for reference. same thing is happen on Sept 2021.
Diamond top formations are generally uncommon. However, when they do form, they can be a strong indicator for an impending reversal of the current uptrend. This pattern occurs when a strong up trending price shows a flattening sideways movement over a prolonged period of time that forms a diamond shape. Technical traders are always on the lookout for potential...
Just a joke. nothing serius. Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis is used in technical analysis to explain movements in a security or other investment, and can be used as part of a trading strategy...
The bear pennant is a bearish chart pattern that aims to extend the downtrend, which is why it is considered to be a continuation pattern. It works in the same manner as a bull flag, with the only difference being that it is a bearish pattern looking to push the price action further lower after the period of consolidation. We will see the outcome.....down or up?
These patterns, the symmetrical triangles as well as those on the bullish and bearish side, are known to experience early breakouts that give investors a "head fake." Hold off for a day or two after the breakout and determine whether or not the breakout is for real. Experts tend to look for a one-day closing price above the trendline in a bullish pattern and below...
A cup and handle is a technical indicator where the price movement of a security resembles a “cup” followed by a downward trending price pattern. This drop, or “handle” is meant to signal a buying opportunity to go long on a security. When this part of the price formation is over, the security may reverse course and reach new highs. Typically, cup and handle...
The cup and handle pattern occurs in both small time frames, like a one-minute chart, and in large time frames, like daily, weekly, and monthly charts. It occurs when there is a price wave down, followed by a stabilizing period, followed by a rally of approximately equal size to the prior decline. It creates a U-shape, or the "cup" in our "cup and handle." The...
diamond chart formation is a rare chart pattern that looks similar to a head and shoulders pattern with a V-shaped neckline. Diamond chart reversals rarely happen at market bottoms, it most often occurs at major tops and with high-volume.
A diamond pattern is used for detecting reversals. Once rightly identified, it is one of the most profitable patterns for using reversals for trading strategy. Diamond chart formation is a rare chart pattern that looks similar to a head and shoulders pattern with a V-shaped neckline. Diamond chart patterns usually happen at market tops/bottoms.
A diamond pattern is used for detecting reversals. Once rightly identified, it is one of the most profitable patterns for using reversals for trading strategy. Diamond chart formation is a rare chart pattern that looks similar to a head and shoulders pattern with a V-shaped neckline. Diamond chart patterns usually happen at market tops/bottom.